The Brooklyn Nets, like the rest of the NBA, are a very impressive property, now worth nearly $4 billion, per Sportico. Valuations across the NBA are rising and while the value of the franchise is up almost a billion dollars since Joe and Clara Wu Tsai bought in during the summer of 2019, the Nets aren’t growing as fast as the rest of the NBA, the sports financial site reported this week.
And the reason is likely that James Harden, Kyrie Irving and Kevin Durant all wanted out and a rebuild was underway. (18:31 in.)
“The valuation” as the report’s author, Kurt Badenhausen said on a Sportico podcast, “probably got a little bit ahead of itself.